CANISIUS UNIVERSITY OF BUFFALO NEW YORK: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CANISIUS UNIVERSITY OF BUFFALO NEW YORK (EIN 16-0743942)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2024-02-01
- IRS object ID
- 202430329349301413
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-02-01T10:02:00-06:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 161131146 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BONADIO & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CORPORATE PARKWAY SUITE 200 | AddressLine1Txt |
| City | AMHERST | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14226 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 160743942 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CANISIUS UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CANI | BusinessNameControlTxt |
| Phone | 7168882483 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MAIN STREET | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14208 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY BALKIN | PersonNm |
| Person Title | VP OF FINANCE | PersonTitleTxt |
| Phone | 7168837000 | PhoneNum |
| Signature | 2023-12-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TIMOTHY | PersonFirstNm |
| Person Last | BALKIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH PEPLIN | PreparerPersonNm |
| PTIN | P01311564 | PTIN |
| Phone | 7162506600 | PhoneNum |
| Preparation | 2024-01-30 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Principal Officer | TIMOTHY BALKIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MAIN STREET | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14208 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $134,517,810 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://WWW.CANISIUS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1870 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | CANISIUS UNIVERSITY IS A PRIVATE, INDEPENDENT ROMAN CATHOLIC UNIVERSITY, GOVERNED BY AN INDEPENDENT SELF PERPETUATING BOARD OF TRUSTEES UNDER A CHARTER GRANTED BY THE BOARD OF TRUSTEES OF THE UNIVERSITY OF THE STATE OF NEW YORK. ESTABLISHED AS A LIBERAL ARTS COLLEGE, THE UNIVERTY HAS GROWN TO INCLUDE A GRADUATE DIVISION, A SCHOOL OF BUSINESS ADMINISTRATION, A SCHOOL OF EDUCATION AND HUMAN SERVICES, AND A SUMMER SESSION IN ADDITION TO THE COLLEGE OF ARTS AND SCIENCES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 32 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 1402 | TotalEmployeeCnt |
| Total Volunteers | 38 | TotalVolunteersCnt |
| Total Gross UBI | $236,685 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,838,008 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,061,227 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $76,540,392 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $78,196,800 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,265,850 | PYInvestmentIncomeAmt |
| CY Investment Income | -$231,971 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,535,386 | PYOtherRevenueAmt |
| CY Other Revenue | $11,906,974 | CYOtherRevenueAmt |
| PY Total Revenue | $104,179,636 | PYTotalRevenueAmt |
| CY Total Revenue | $99,933,030 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $32,612,489 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $34,081,955 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $37,293,009 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $37,805,569 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,656,954 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $38,755,384 | PYOtherExpensesAmt |
| CY Other Expenses | $32,691,008 | CYOtherExpensesAmt |
| PY Total Expenses | $108,660,882 | PYTotalExpensesAmt |
| CY Total Expenses | $104,578,532 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$4,481,246 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,645,502 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $289,486,779 | TotalAssetsBOYAmt |
| Total Assets EOY | $276,069,279 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $69,979,176 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $65,677,263 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $219,507,603 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $210,392,016 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CANISIUS UNIVERSITY IS A PRIVATE, INDEPENDENT ROMAN CATHOLIC UNIVERSITY, GOVERNED BY AN INDEPENDENT SELF PERPETUATING BOARD OF TRUSTEES UNDER A CHARTER GRANTED BY THE BOARD OF TRUSTEES OF THE UNIVERSITY OF THE STATE OF NEW YORK. ESTABLISHED AS A LIBERAL ARTS COLLEGE, THE UNIVERSITY HAS GROWN TO INCLUDE A GRADUATE DIVISION, A SCHOOL OF BUSINESS ADMINISTRATION, A SCHOOL OF EDUCATION AND HUMAN SERVICES, AND A SUMMER SESSION IN ADDITION TO THE COLLEGE OF ARTS AND SCIENCES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $59,624,253 | ExpenseAmt |
| Grant | $34,064,188 | GrantAmt |
| Revenue | $65,926,890 | RevenueAmt |
| Desc | EDUCATION/INSTRUCTION - PROVIDE EDUCATION TO 2,492 STUDENTS IN THE FALL AND 2,389 STUDENTS IN THE SPRING SEMESTERS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $18,763,020 | ExpenseAmt |
| Grant | $17,767 | GrantAmt |
| Revenue | $5,604,753 | RevenueAmt |
| Desc | STUDENT SERVICES - PROVIDE THE NECESSARY SERVICES REQUIRED BY THE STUDENTS ENROLLED IN THE PROGRAMS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,008,573 | ExpenseAmt |
| Revenue | $8,510,015 | RevenueAmt |
| Desc | RESIDENCE HALLS - PROVIDE ROOM AND BOARD TO ALL RESIDENT STUDENTS AND THOSE STUDENTS WITH MEAL PLANS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $85,395,846 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 389 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1402 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 32 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIMOTHY BALKIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7168882483 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MAIN STREET | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14208 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MARTIN J BERARDI | |||||||
| TRUSTEE - CHAIR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CINDY L ODOM | |||||||
| TRUSTEE - VICE CHAIR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| NANCY W WARE | |||||||
| TRUSTEE - EMERITA | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| JOHN R CONNOLLY | |||||||
| EMERITUS TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| CATHERINE A BOLZ | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| KIMBERLY A DETRASK | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| JERRY G CANADA JR | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER P DEVINE | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| NELSON D CIVELLO | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| NORA E EBERL PLIZGA | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| EILEEN CROTTY SENDOR | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| JOYSON C THOMAS | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER F MALOF | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN F JACKSON | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| JAMES R DEUSCHLE | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER M KELLY | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| HON LENORA FOOTE-BEAVERS | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| FRANCIS M LAZARUS | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| LT COL JAMES E MCNICHOLAS JR | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MARK J LEMA | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| REV GERALD THOMAS KRETTEK SJ | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MARGARET W PAROSKI | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| REV PATRICK D ROGERS SJ | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MARYA J PROPIS | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| VINCENT GILBERT ROUX | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY F SHELLEY | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| REV JEFFREY P VON ARX SJ | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| REV THOMAS R SLON SJ | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| TIMOTHY T TEVENS | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| LAURA A ZAEPFEL | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL J TODARO | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| CYNTHIA L SKRZYCKI | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY B SPADA JR | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS G SMITH | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DAVID J NASCA | |||||||
| TRUSTEE-VICE CHAIR(TERM ENDED 6/30/2022) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT H MALONEY | |||||||
| TRUSTEE (TERM ENDED 6/30/2022) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY M MASIELLO | |||||||
| TRUSTEE (TERM ENDED 6/30/2022) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| REV PHILLIP A FLORIO SJ | |||||||
| TRUSTEE(TERM ENDED 6/30/2022) | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| STEVE K STOUTE | |||||||
| PRESIDENT | 40.00 | Yes (X) | $225,385 | $0 | $25,112 | ||
| DR SARA R MORRIS | |||||||
| VP - ACADEMIC AFFAIRS | 40.00 | Yes (X) | $200,730 | $0 | $67,097 | ||
| TIMOTHY P BALKIN | |||||||
| VP - BUSINESS/FINANCE | 40.00 | Yes (X) | $180,184 | $0 | $10,062 | ||
| DANIELLE IANNI | |||||||
| VP - ENROLLMENT MANAGEMENT | 40.00 | Yes (X) | $156,091 | $0 | $7,264 | ||
| KIMBERLY A VENTI | |||||||
| VP - INSTITUTIONAL ADVANCE | 40.00 | Yes (X) | $151,368 | $0 | $81,109 | ||
| SANDRA ESTANEK | |||||||
| VP STUD. AFFAIRS THRU 7/15/22 | 40.00 | Yes (X) | $100,880 | $0 | $3,692 | ||
| JOHN J HURLEY | |||||||
| PRESIDENT - RETIRED 7/1/22 | 40.00 | Yes (X) | $178,755 | $0 | $30,902 | ||
| HAROLD FIELDS | |||||||
| VP - STUDENT AFFAIRS | 40.00 | Yes (X) | $65,976 | $0 | $8,711 | ||
| DR IAN J REDPATH | |||||||
| PROFESSOR - ACCOUNTING | 40.00 | $154,576 | $0 | $20,587 | Yes (X) | ||
| DR JOSEPH O'DONNELL | |||||||
| PROFESSOR - ACCOUNTING | 40.00 | $167,591 | $0 | $7,844 | Yes (X) | ||
| DR JAMES GOLDSTEIN | |||||||
| PROFESSOR - ACCOUNTING | 40.00 | $163,266 | $0 | $20,620 | Yes (X) | ||
| DR DENISE ROTONDO | |||||||
| DEAN - SCHOOL OF BUSINESS | 40.00 | $175,657 | $0 | $52,055 | Yes (X) | ||
| PHILLIP WITHERSPOON | |||||||
| MEAN'S BASKETBALL COACH | 40.00 | $271,861 | $0 | $11,504 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,192,320 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $346,559 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 41 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|
| CHARTWELLS EDUCATIONAL DINING SERVICES | |||||||||
| 81 ST MARY ST | TORONTO | ONTARIO | CA | FOOD SERVICES | $3,105,995 | ||||
| SEPCO INC | |||||||||
| DISASTER CLEANUP | $2,250,000 | PO BOX 654 | BINGHAMTON | NY | 13902 | ||||
| RP OAK HILL BUILDING COMPANY INC | |||||||||
| CONSTRUCTION SERVICES | $1,540,224 | 3556 LAKESHORE RD STE 620 | BLASDELL | NY | 14219 | ||||
| MLP PLUMBING AND MECHANICAL INC | |||||||||
| HVAC AND MAINTENANCE SERVICES | $1,215,434 | 3198 UNION RD | CHEEKTOWAGA | NY | 14227 | ||||
| ELBERS LANDSCAPE SERVICES INC | |||||||||
| LANDSCAPING AND MAINTENANCE | $623,527 | 2900 MAIN ST | BUFFALO | NY | 14214 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 39 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $19,585 | FundraisingAmt |
| Government Grants | $2,616,384 | GovernmentGrantsAmt |
| All Other Contributions | $7,425,258 | AllOtherContributionsAmt |
| Noncash Contributions | $298,125 | NoncashContributionsAmt |
| Total Contributions | $10,061,227 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 611710 | $67,708,881 | $67,708,881 | |
| RESIDENCE HALL - RM & BO | 611710 | $8,510,015 | $8,510,015 | |
| FOOD SERVICE/ATHLETICS/BOOKSTORE | 611710 | $1,977,904 | $1,741,219 | $236,685 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $78,196,800 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $662,831 | TotalRevenueColumnAmt |
| Exclusion | $662,831 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $134,043 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $134,043 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $134,043 | TotalRevenueColumnAmt |
| Exclusion | $134,043 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $31,477,987 | SecuritiesAmt |
| Other | $2,150,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $29,878,982 | SecuritiesAmt |
| Other | $4,643,807 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,599,005 | SecuritiesAmt |
| Other | -$2,493,807 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$894,802 | TotalRevenueColumnAmt |
| Exclusion | -$894,802 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $92,331 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $19,585 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $61,991 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,340 | TotalRevenueColumnAmt |
| Exclusion | $30,340 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| NET PROCEEDS FROM INSURANCE CLAIM | 611310 | $6,476,610 | $6,476,610 | |
| EMPLOYEE RETENTION CREDIT | 611310 | $3,184,438 | $3,184,438 | |
| OTHER INCOME | 611310 | $2,081,543 | $2,081,543 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $11,742,591 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $99,933,030 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $80,041,658 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $236,685 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,593,460 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,081,955 | TotalAmt |
| Program Services | $34,081,955 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,259,370 | TotalAmt |
| Program Services | $367,587 | ProgramServicesAmt |
| Management And General | $740,415 | ManagementAndGeneralAmt |
| Fundraising | $151,368 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,604,773 | TotalAmt |
| Program Services | $21,455,288 | ProgramServicesAmt |
| Management And General | $5,363,822 | ManagementAndGeneralAmt |
| Fundraising | $785,663 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $958,724 | TotalAmt |
| Program Services | $741,065 | ProgramServicesAmt |
| Management And General | $185,266 | ManagementAndGeneralAmt |
| Fundraising | $32,393 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,774,981 | TotalAmt |
| Program Services | $4,388,986 | ProgramServicesAmt |
| Management And General | $1,212,746 | ManagementAndGeneralAmt |
| Fundraising | $173,249 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,207,721 | TotalAmt |
| Program Services | $1,677,868 | ProgramServicesAmt |
| Management And General | $463,621 | ManagementAndGeneralAmt |
| Fundraising | $66,232 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $258,670 | TotalAmt |
| Management And General | $258,670 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,235 | TotalAmt |
| Management And General | $54,235 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,000 | TotalAmt |
| Management And General | $55,000 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,697,606 | TotalAmt |
| Program Services | $1,442,965 | ProgramServicesAmt |
| Management And General | $220,689 | ManagementAndGeneralAmt |
| Fundraising | $33,952 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,349,742 | TotalAmt |
| Program Services | $5,397,281 | ProgramServicesAmt |
| Management And General | $825,466 | ManagementAndGeneralAmt |
| Fundraising | $126,995 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ACADEMIC SUPPORT | $10,656,013 | $10,656,013 | ||
| INSTITUTIONAL SUPPORT | $6,539,957 | $6,252,855 | $287,102 | |
| INSTRUCTION | $3,876,611 | $3,876,611 | ||
| MISCELLANEOUS | $1,945,050 | $1,310,227 | $634,823 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,258,124 | TotalAmt |
| Management And General | $1,258,124 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,578,532 | TotalAmt |
| Program Services | $85,395,846 | ProgramServicesAmt |
| Management And General | $17,525,732 | ManagementAndGeneralAmt |
| Fundraising | $1,656,954 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,298,463 | BOYAmt |
| EOY | $16,337,516 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,149,794 | BOYAmt |
| EOY | $2,894,564 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,264,708 | BOYAmt |
| EOY | $8,041,140 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,301,538 | BOYAmt |
| EOY | $6,751,672 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,794,638 | BOYAmt |
| EOY | $958,677 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $264,446,627 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $167,414,341 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,577,084 | BOYAmt |
| EOY | $97,032,286 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,044,405 | BOYAmt |
| EOY | $141,563,398 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,056,149 | BOYAmt |
| EOY | $2,490,026 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $289,486,779 | BOYAmt |
| EOY | $276,069,279 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,442,477 | BOYAmt |
| EOY | $10,516,795 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,973,731 | BOYAmt |
| EOY | $5,489,254 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,532,628 | BOYAmt |
| EOY | $42,587,625 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,192 | BOYAmt |
| EOY | $204,370 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,803,148 | BOYAmt |
| EOY | $6,879,219 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,979,176 | BOYAmt |
| EOY | $65,677,263 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,275,986 | BOYAmt |
| EOY | $70,014,105 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,231,617 | BOYAmt |
| EOY | $140,377,911 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,507,603 | BOYAmt |
| EOY | $210,392,016 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $289,486,779 | BOYAmt |
| EOY | $276,069,279 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$4,645,502 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$4,686,867 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $216,782 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 1 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Vl EOY | $5,394 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | 0 | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $155,680,773 | BeginningYearBalanceAmt |
| Contributions | $2,645,936 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,228,220 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,311,092 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,000,000 | OtherExpendituresAmt |
| End Year Balance | $142,787,397 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $159,983,803 | BeginningYearBalanceAmt |
| Contributions | $2,854,467 | ContributionsAmt |
| Investment Earnings Or Losses | $1,616,098 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,323,595 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,450,000 | OtherExpendituresAmt |
| End Year Balance | $155,680,773 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $124,459,540 | BeginningYearBalanceAmt |
| Contributions | $4,656,361 | ContributionsAmt |
| Investment Earnings Or Losses | $39,803,231 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,935,329 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,000,000 | OtherExpendituresAmt |
| End Year Balance | $159,983,803 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $129,200,979 | BeginningYearBalanceAmt |
| Contributions | $3,772,713 | ContributionsAmt |
| Investment Earnings Or Losses | -$13,463 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,500,689 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,000,000 | OtherExpendituresAmt |
| End Year Balance | $124,459,540 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $133,912,453 | BeginningYearBalanceAmt |
| Contributions | $3,086,373 | ContributionsAmt |
| Investment Earnings Or Losses | $1,108,185 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,906,032 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,000,000 | OtherExpendituresAmt |
| End Year Balance | $129,200,979 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.10070 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.31560 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.58370 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,455,772 | OtherCostOrOtherBasisAmt |
| Book Value | $5,455,772 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $196,584,625 | OtherCostOrOtherBasisAmt |
| Depreciation | $111,151,962 | DepreciationAmt |
| Book Value | $85,432,663 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $62,406,230 | OtherCostOrOtherBasisAmt |
| Depreciation | $56,262,379 | DepreciationAmt |
| Book Value | $6,143,851 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $97,032,286 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE INVESTMENTS | Desc |
| Book Value | $141,563,398 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $141,563,398 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSITS HELD IN CUSTODY | $165,250 |
| GOVERNMENT GRANTS REFUNDABLE | $364,400 |
| ASSET RETIREMENT OBLIGATION | $5,566,978 |
| OPERATING RIGHT-OF-USE LIABILITY | $782,591 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,879,219 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $65,637,590 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$4,686,867 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $278,773 | OtherRevenueAmt |
| Revenue Not Reported | -$4,408,094 | RevenueNotReportedAmt |
| Revenue Subtotal | $70,045,684 | RevenueSubtotalAmt |
| Other Revenues Not Included | $29,887,346 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $29,887,346 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $99,933,030 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $74,753,177 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $61,991 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $61,991 | ExpensesNotReportedAmt |
| Expenses Subtotal | $74,691,186 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $29,887,346 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $29,887,346 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $104,578,532 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE UNIVERSITY IS SUBJECT TO THE PROVISIONS OF ASC NO. 740-10, INCOME TAXES, RELATED TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. NO LIABILITY FOR UNRECOGNIZED TAX EXPENSE WAS REQUIRED AT MAY 31, 2022. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | DIRECT FUNDRAISING ACTIVITY - $61,991 GAIN ON INTEREST RATE SWAP AGREEMENT - $216,782 |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ENDOWED SCHOLARSHIPS - $6,555,743 INSTITUTIONAL SCHOLARSHIPS AND STUDENT AID - $23,331,603 |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DIRECT FUNDRAISING ACTIVITY - $61,991 |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ENDOWED SCHOLARSHIPS - $6,555,743 INSTITUTIONAL SCHOLARSHIPS AND STUDENT AID - $23,331,603 |
| PART V, LINE 4: | THE PREEMINENT FUNCTION OF THE CANISIUS UNIVERSITY ENDOWMENT IS TO SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY BY PROVIDING FINANCIAL RESOURCES TO HELP UNDERWRITE THE EDUCATIONAL NEEDS OF CURRENT AND FUTURE GENERATIONS OF STUDENTS AND TO ENHANCE THE FINANCIAL WELL BEING OF CANISIUS UNIVERSITY. |
| PART X, LINE 2: | THE UNIVERSITY IS TAX EXEMPT ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT WAS DETERMINED BY THE INTERNAL REVENUE SERVICE IN A RULING DATED MARCH 24, 1946, THE ORGANIZATIONS AND AFFILIATES OF THE ROMAN CATHOLIC CHURCH, AS LISTED IN THE OFFICIAL CATHOLIC DIRECTORY, WERE ENTITLED TO EXEMPTION FROM FEDERAL INCOME TAX. THE RULING IS UPDATED ANNUALLY. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | CANISIUS UNIVERSITY'S NONDISCRIMINATORY POLICY IS PUBLISHED AT LEAST ANNUALLY IN THEIR NEWSPAPER. THE UNIVERSITY ALSO INCLUDES A STATEMENT OF THIS POLICY IN ALL BROCHURES, CATALOGS AND ADVERTISEMENTS DEALING WITH STUDENT PROGRAMS, ADMISSIONS AND SCHOLARSHIPS. |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY RECEIVES FINANCIAL AID FROM VARIOUS FEDERAL AND STATE AGENCIES. THE UNIVERSITY OPERATES UNDER A NONDISCRIMINATORY POLICY, AND DISTRIBUTES FINANCIAL AID IN ACCORDANCE WITH SUCH POLICY. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICES | FACULTY TRAVEL AND RESEARCH | $67,772 |
| EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 0 | 0 | PROGRAM SERVICES | FACULTY TRAVEL AND RESEARCH | $31,659 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | STUDENT REFUNDS, SOFTWARE, STUDY ABROAD, TRAVEL, STUDENT RECRUITING | $204,412 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | STUDENT RECRUITING, SOFTWARE, PROFESSIONAL SERVICES, STUDENT REFUNDS, STUDENT AND FACULTY TRAVEL | $101,762 |
| SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, | 0 | 0 | PROGRAM SERVICES | FACULTY TRAVEL AND RESEARCH | $18,559 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | 0 | 0 | PROGRAM SERVICES | STUDENT RECRUITING, FACULTY TRAVEL AND RESEARCH | $32,925 |
| MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, | 0 | 0 | PROGRAM SERVICES | EQUIPMENT | |
| SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, | 0 | 0 | PROGRAM SERVICES | FACULTY TRAVEL AND RESEARCH | $50,389 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $507,478 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $507,478 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | Yes (1) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3: | EXPENSES MADE OUTSIDE OF THE UNITED STATES ARE ACCOUNTED FOR ON THE BOOKS OF THE UNIVERSITY. |
| PART III ACCOUNTING METHOD: |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CELEBRATE CANISIUS | Event1Nm |
| Gross Receipts Event1 | $50,220 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $6,880 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $43,340 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $13,000 | FoodAndBeverageEvent1Amt |
| Event2 | BLUE & GOLD GOLF OUTING | Event2Nm |
| Gross Receipts Event2 | $61,696 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $12,705 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $48,991 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $6,339 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $39,568 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $632 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $2,452 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $111,916 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $19,585 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $92,331 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $6,339 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $39,568 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $13,632 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $2,452 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $61,991 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $30,340 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| UNRESTRICTED AND INSTITUTIONAL SCHOLARSHIPS, INCLUDING MERIT AND ATHLETIC SHOLARSHIPS | 6693 | $23,331,603 |
| RESTRICTED SCHOLARSHIPS AND GOVERNMENT AID | 4802 | $10,750,352 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY'S FINANCIAL AID OFFICE MAINTAINS ELIGIBILITY REQUIREMENTS AND MONITORS GRANTING OF AWARDS TO STUDENTS AND FOLLOWS U.S. FEDERAL AID REGULATIONS AND ALL STATES' REGULATIONS FOR GRANTS TO ITS STUDENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PHILLIP WITHERSPOON | ||||||||||||||
| MEAN'S BASKETBALL COACH | $271,861 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11,504 | $0 | $283,365 | $0 | $0 | $0 |
| DR SARA R MORRIS | ||||||||||||||
| VP - ACADEMIC AFFAIRS | $199,463 | $0 | $0 | $0 | $1,267 | $0 | $0 | $0 | $67,097 | $0 | $267,827 | $0 | $0 | $0 |
| STEVE K STOUTE | ||||||||||||||
| PRESIDENT | $172,732 | $0 | $0 | $0 | $52,653 | $0 | $0 | $0 | $25,112 | $0 | $250,497 | $0 | $0 | $0 |
| KIMBERLY A VENTI | ||||||||||||||
| VP - INSTITUTIONAL ADVANCE | $150,424 | $0 | $0 | $0 | $944 | $0 | $0 | $0 | $81,109 | $0 | $232,477 | $0 | $0 | $0 |
| DR DENISE ROTONDO | ||||||||||||||
| DEAN - SCHOOL OF BUSINESS | $175,657 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $52,055 | $0 | $227,712 | $0 | $0 | $0 |
| JOHN J HURLEY | ||||||||||||||
| PRESIDENT - RETIRED 7/1/22 | $166,859 | $0 | $0 | $0 | $11,896 | $0 | $0 | $0 | $30,902 | $0 | $209,657 | $0 | $0 | $0 |
| TIMOTHY P BALKIN | ||||||||||||||
| VP - BUSINESS/FINANCE | $178,441 | $0 | $0 | $0 | $1,743 | $0 | $0 | $0 | $10,062 | $0 | $190,246 | $0 | $0 | $0 |
| DR JAMES GOLDSTEIN | ||||||||||||||
| PROFESSOR - ACCOUNTING | $163,266 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20,620 | $0 | $183,886 | $0 | $0 | $0 |
| DR JOSEPH O'DONNELL | ||||||||||||||
| PROFESSOR - ACCOUNTING | $167,591 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7,844 | $0 | $175,435 | $0 | $0 | $0 |
| DR IAN J REDPATH | ||||||||||||||
| PROFESSOR - ACCOUNTING | $154,576 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20,587 | $0 | $175,163 | $0 | $0 | $0 |
| DANIELLE IANNI | ||||||||||||||
| VP - ENROLLMENT MANAGEMENT | $155,872 | $0 | $0 | $0 | $219 | $0 | $0 | $0 | $7,264 | $0 | $163,355 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART 1, LINE 1A: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY PAID FOR HEALTH AND SOCIAL CLUB DUES OR COUNTRY CLUB DUES FOR TWO OF THE OFFICERS/HIGHEST COMPENSATED EMPLOYEES LISTED IN PART VII. CANISIUS WILL ONLY REIMBURSE A BUSINESS EXPENSE WHEN ALL THREE OF THE FOLLOWING IRS REQUIREMENTS ARE MET: 1) THE EXPENSE MUST HAVE BUSINESS CONNECTION (I.E., THE EXPENSES MUST BE INCURRED WHILE PERFORMING SERVICES ON BEHALF OF THE UNIVERSITY), 2) THE EXPENSES MUST BE ADEQUATELY SUBSTANTIATED BY THE EMPLOYEE WITHIN A REASONABLE PERIOD OF TIME; AND 3) THE EMPLOYEE MUST RETURN ANY EXCESS REIMBURSEMENT OF ALLOWANCE WITHIN A REASONABLE PERIOD OF TIME. A PORTION OF THESE DUES WERE TAXABLE BASED ON THE PERCENTAGE OF NON-BUSINESS TO BUSINESS USE FOR EACH EMPLOYEE. THE UNIVERSITY "GROSSED UP" THE APPLICABLE NON-BUSINESS EXPENSES AND INCLUDED IN THE EMPLOYEES' W-2 AS ADDITIONAL TAXABLE COMPENSATION. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| A | 146000293 | 000000000 | 2012-11-09 | $15,162,925 | REFUND BONDS ISSUED 12/28/2000 | 0 | 0 | 0 |
| BUFFALO AND ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT CORPORATION | ||||||||
| B | 222413596 | 000000000 | 2015-10-30 | $46,955,000 | REFUNDS BONDS ISSUED 3/4/2004, 4/26/2005 AND 12/29/2010 | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capital ExpendituresCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|
| A | $15,162,925 | $303,258 | $76,326 | $14,783,341 | Yes (1) | 0 | Yes (1) | Yes (1) | |
| B | $46,955,000 | $420,142 | $46,118,255 | Yes (1) | 0 | Yes (1) | Yes (1) | $416,603 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropPct | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | Yes (1) | 0.11510 | Yes (1) | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| M&T TRUST COMPANY | ||||||||||||
| A | 0 | Yes (1) | 0 | 0 | Yes (1) | Yes (1) | 10.000000000000 | 0 | 0 | 0 | 0 | 0 |
| (no name) | ||||||||||||
| B | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 18 | ContributionCnt |
| Noncash Contributions Rpt F990 | $255,577 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SALE OF COMPARABLES | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | MISCELLANEOUS | Desc |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $42,548 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER REPORTED IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT FOR BUSINESS AND FINANCE AND HIS STAFF. THE FORM IS PROVIDED TO THE FULL BOARD, INCLUDING THE AUDIT COMMITTEE AND THE PRESIDENT OF THE UNIVERSITY, IN ADVANCE OF THE FORM BEING FILED WITH THE IRS, ALLOWING TIME FOR REVIEW AND COMMENT BY THE FULL BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | EMPLOYEES MUST SUBMIT A WRITTEN FORM ANNUALLY THAT IS REVIEWED BY THE SECRETARY OF THE BOARD OF TRUSTEES AND ANY CONFLICTS OF INTEREST ARE DISCUSSED WITH EMPLOYEES. |
| FORM 990, PART VI, SECTION B, LINE 15 | IN DETERMINING COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL, THE PROCESS INCLUDES HIRING AN INDEPENDENT CONSULTING FIRM, WHO PROVIDES MARKET SURVEYS AND BENCHMARKING TO HELP ASSIST IN THE DECISION MAKING PROCESS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE FINAL COMPENSATION AMOUNTS. IN DETERMINING COMPENSATION LEVELS OF OTHER KEY EMPLOYEES, THE UNIVERSITY LOOKS AT MARKET SURVEYS AND BENCHMARKS FROM OTHER AJCU SCHOOLS. THE PRESIDENT DETERMINES AN APPROPRIATE COMPENSATION LEVEL AND REVIEWS IT WITH THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE UNIVERSITY'S FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, FINANCIAL INFORMATION AND OTHER DOCUMENTS OPEN FOR PUBLIC DISCLOSURE ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | GAIN ON INTEREST RATE SWAP AGREEMENT 216,782. |
| FORM 990, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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